Crypto Site Attempts to Raise $50 Million For Bushfire Fundraiser

0

Finder and HiveEx have just gone live with a Crypto Bushfire Fundraiser to rally the global cryptocurrency community behind helping Australia’s bushfire crisis. They are hoping to raise $50 million in cryptocurrency that HiveEx will convert into Australian Dollars and donate to the NSW Rural Fire Service Association.

Get The Full Ray Dalio Series in PDF

Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

Q4 2019 hedge fund letters, conferences and more

Comments from Fred Schebesta, Co-founder of Finder and HiveEx:

A Look Back At Warren Buffett’s Legendary Washington Post Investment

Berkshire Hathaway Warren BuffettThroughout his long investment career, Warren Buffett has made thousands of investors and bought tens of businesses. However, a couple of examples really stand out. Q1 2020 hedge fund letters, conferences and more These companies stand out for a range of reasons. The Nebraska Furniture Mart, for example, stands out because it was such a Read More


"The bushfires raging across Australia are the worst we've ever seen. It's going to take months, even years to recover and it could get worse before it ends. We've already lost thousands of homes, millions of hectares of land destroyed and a billion wildlife have perished.

"The Australian Crypto Bushfire Fundraiser is bringing together the world's crypto community to help where it's needed. We've set up crypto wallet addresses where anyone can donate into these. As a leading crypto brokerage that specialises in large trades, HiveEx is equipped to convert the crypto into Australian dollars which will go directly to the NSW Rural Fire Service Association. Total donations will be transferred to the RFSA – we will not be taking any fees or profit from the trades.

"People from all over the world are using foreign exchange services, banks and payments platforms to donate to Australia. These donations are being reduced due to exchange rates and transaction fees. We want to help make it easier and more cost effective to raise funds globally for this disaster with cryptocurrencies, so more money goes straight to the cause.

"We're calling on the crypto community to share our page with your networks and open your digital wallets to help Australia."

What do you think about the Australian Bushfire Fundraiser? Tell us in the comments section.